Cheap Apartments for Rent in the Kilowatt Lake Neighborhood of Memphis, TN from $300 (31 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Kilowatt Lake area of Memphis.

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property at 820 Maury St

$775 - $785

1 Bedroom Rentals

Available Now

820 Maury St

MemphisTN38107
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Watkins Manor
1 to 3 Bedroom Apartments

Watkins Manor

2643 N Watkins StMemphis, TN 38127
  • Utilities Included

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2238 Howell Ave
1 to 2 Bedroom Apartments

2238 Howell Ave

2238 Howell AveMemphis, TN 38108

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2086 Hubert Ave
2 Bedroom Apartments

2086 Hubert Ave

2086 Hubert AveMemphis, TN 38108
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669-677 Harrell St
Studio to 1 Bedroom Apartments

669-677 Harrell St

669-677 Harrell StMemphis, TN 38112

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Showing Results 1-31, Page 1 of 1

Cheapest Available Kilowatt Lake Apartments for Rent

 

The cheapest available apartment rental in the Kilowatt Lake area of Memphis, TN is a 1 Bed unit found at Springdale Creek Apartments priced from $625. University Gardens Manor has the second lowest priced unit, which is a 2 Beds apartment currently listed from $659. Here are the most affordable Kilowatt Lake apartments for rent in Memphis, TN:

Apartment ListingModel NameBed/BathPriced From
Springdale Creek Apartments1 Bedroom1BR,1BA$625
University Gardens Manor2x1 Classic2BR,1BA$659
Kings Reserve MemphisBeale Corner Grande1BR,1BA$800
1716 DuPont Ave2 Bed 1 Bed2BR,1BA$900
The Galloway @ EvergreenThe Evergreen2BR,1BA$1,095
Parcels at ConcourseKismet 91BR,1BA$1,798

Best Value Apartments for Rent in Kilowatt Lake, TN

As of March 01, 2026 the best value apartment in the Kilowatt Lake area is the $1.37 price per square foot The Evergreen Model at The Galloway @ Evergreen in the in the Midtown Memphis neighborhood starting from $1,095. The second greatest value Kilowatt Lake apartment is the Gold Unit Model at University Gardens Manor starting at $920 with a $1.19 price per square foot in the East Memphis neighborhood. Here is today’s list of the best values for Kilowatt Lake apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Galloway @ EvergreenThe Evergreen2BR,1.5BA$1.37
University Gardens ManorGold Unit2BR,1BA$1.19
Springdale Creek Apartments1 Bedroom1BR,1BA$0.89
Parcels at ConcourseCrafton 4Studio ,1BA$3.08
1716 DuPont Ave2 Bed 1 Bed2BR,1BA$1.57
Kings Reserve MemphisBeale Corner Grande1BR,1BA$1.94

Frequently Asked Questions about Cheap Kilowatt Lake Apartments

What is a cheap apartment in Kilowatt Lake?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Kilowatt Lake is under $1,798.

What is the price of a cheap apartment in Kilowatt Lake?

The cheapest apartment in Kilowatt Lake is Springdale Creek Apartments which is listed at $625, while the average apartment in Kilowatt Lake costs $4,183.

What types of apartments are the cheapest in Kilowatt Lake?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 58 regular apartments in Kilowatt Lake that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Kilowatt Lake?

Cheap apartments in Kilowatt Lake have an average cost of $440 which is $3,743 cheaper than the average rent for all rentals in Kilowatt Lake.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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